traditionally aig likes to ring in the holiday season with rifs across the company. it seems that q4 will coincide with mckinsey recommendation timelines so I would expect the same this year. you are fired, but merry Christmas. love, bd
Topics regarding layoffs at AIG (American Intl Group Inc.)
Look I hate to post this as is it a small unit but I just can’t get any straight information anywhere. Bottom line I’m somewhere in the middle. Have not been here forever. No major severance package waiting for me. I have to work. The SIU unit has... — read more
We just had Q2 town hall last month... anyone have an idea what next week's town hall with Zaffino entails?
Is our leadership doing anything to prevent people from leaving in droves? We are losing some of our best people all the time. I'm not surprised, I'm getting burned out myself - to say this is not good work environment would be an understatement... — read more
Any opinions on the change announed today to lower the eligibility requirement from 55 + 10 years service to 55 + 5 years?
When was the last time u went into yammer? Do it... I was surprised to see so many topic starters with the name "hidden". Well I guess those who frequent yammer didn't expect that eh. Are there anyone left?
Comprehensive OHI assessment survey • An online employee survey of an organization’s entire population or specific segments (paper-based survey available for employees without computer access) • In-depth interviews and focus groups to gain a... — read more
After spending millions in it? Did anyone head went to the chopping board?
Have any of you review the past year of post. Bottom-line is the only people winning with the Company is BD and Top management. They do not care about youuuuuuuuuuuu. They will get out of WC, Trucking, Middle Marketing and some Fin lines. All... — read more
Will there be announcement soon about the Financial positions being moved to India as a center of excellence?
I have heard that there are some employees that have exchanged information and are seeking counsel regarding class action suits. It won't be the first one and I am sure it won't be the last one. Just because you signed a waiver doesn't mean you can't... — read more
Hundreds of people across multiple countries will lose their jobs as part of the work McKinsey is currently doing. All "ideas" must be associated with a number of FTEs to be let go once is implemented, meaning that what PZ and BD are really trying is... — read more
I recently heard that IBM is in trouble for targeting and laying off too many older employees. I think AIG did pretty much the same damn thing and someone should hold them accountable. My friend’s job was eliminated and the HR department told her... — read more
Means a couple of things in my mind. Staff reduction, more employees work remote and/or office locations that are less expensive then NYC and sending US jobs to other countries or as it's so called, shared services.
So now AIG wants to know how wonderful its employees think managment is. What a joke. Supposedly confidential, but it isn't. And guess who is running it? McKinsey. I thought I was reading the Onion instead of email.
The last post about this topic was mostly ignored. Why is the market loving AIG when it appears to be a sinking ship? Today's stock price is $56.32. It is like the annoying posting person keeps saying, work, work, work to get the stock to $60... — read more
PZ Town Hall. I am wondering what everyone's thoughts were regarding the Town Hall today? I know many questions were submitted because I submitted one. It wasn't answered and I am wondering why these questions aren't answered in a company follow up... — read more
We all will win. Well done TEAM
The creation of all these new executive posts are out of control. What’s the flavor of the month right now - Chief Sustainability Officer?? It’s sad, but it’s clear that this company has become a money grab for the gentleman at the top and their... — read more
The plan is to do away with as much jobs in NJ and NY as possible. That's what is being discussed. Yes, McKinsey is here to RIF and make recommendations how to do more with less. Yet they haven't made any recommendations on all the new Senior... — read more
Not that a Town Hall is going to really explain what AIG 200 is. I am wondering why BD and the Senior Management who come up with these new ideas like AIG 200 don't have the common courtesy to regroup with the employees and have a Town Hall and... — read more
McKinsey is here to save AIG. They need to fix the Finance division, where you have tremendously overpaid Grade 24 and above workers. They need to get expenses down and soon. You have people making over 125k doing data integrity and cleanup work... — read more
I love how AIG is pushing this LinkedIn Learning Initiative... I remeber when I first started I signed up for a 1 day, 3 hour, online course in the morning...provided by Salesforce and, by extention, AIG. 5 minutes later I was called in for a... — read more
If I can somehow make it to 1/1/2020 before resigning, am I eligible for STI or do I have to linger until March?
Town hall today for MMS, what’s this all about?
Entire Ft. Worth Service Desk last day today. Service Desk now located in Manila, Phillippines. Good luck.
So many new Senior Management has been hired since BD started. Lots of RIF's. Lots of expenses in letting go of piror Senior Management and Middle Management and plain old employees. Now McKinsey is here which is another major expense. What progress... — read more
This is really very disturbing to me as an employee. We hired a CEO, who is the highest paid in the Industry. We paid for his non compete and he was given many other bonuses. Wasn't he and Senior Management paid to do what they have hired McKinsey to... — read more
Stock price is moving up. report will be great. We will all be winners.
Mms starting to fire people left and right, some already firwd others in the process. I've been working here for long time can't remember the amount of hostility by management against hard workers, is this normal process that other aig depts have... — read more
You all should be afraid. Some of you will be let go and others will stay. Those who stay, beware. I was at a meeting a number of years ago when Shane stated he wanted to reduce costs by having managers be aware of people who were ill, women who may... — read more
When is the next layoff?
When is BD and Senior Leadership going to have a Town Hall and tell us what progress they have made with the new Model they started in 2108? What about all the new Senior Management that has been hired as well as McKinsey. We deserve to hear from BD... — read more
I can't quite out a finger on it but the people I work with in my department are some of the most boring, farty and lack-luster people I've ever met. I mean, I get that the job is boring and the company has a lot of older employees, but shieeeeet... — read more
Heard of RIFs in IT. True? Which parts?